The Mozilla Foundation’s rejection of the cryptocurrency led to a reaction from the creator of the world’s first cryptocurrency meme.
On December 31, 2021, Mozilla, the developer of the Firefox browser, tweeted that the company accepts cryptocurrencies such as Dogecoin (DOGE), Ether (ETH) and Bitcoin (BTC) as donations, in addition to a Bitpay donation link.
But less than a week later, the campaign was canceled due to setbacks from users and programmer Jimmy Zawinski, one of the founders of Mozilla. According to Zwinski, all participants should be “ashamed of the decision to cooperate with the Ponzi workers who are burning the planet”.
Zawinski did not stop there. As a follow-up, a blog post was posted on their website stating that the business model for the crypto industry was unrealistic. “They just pollute the environment, nothing else, and turn it into money,” Zawinski wrote.
Mozilla then decided to suspend cryptocurrency donations and hold an internal discussion on the environmental impact of cryptocurrencies. Mozilla has said it will review its cryptocurrency donation guidelines and see if they are performing in line with climate goals.
In response, Dogecoin creator Billy Marcus tweeted his opposition to the move, citing the impact of paper dollars and traditional banking infrastructure.
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Earlier in 2021, Tesla Motors CEO Elon Musk announced that the company would stop accepting bitcoins, citing environmental considerations as the main reason for the move. After that, the work of making cryptocurrency greener began to gain momentum.
In an interview with Cointelegraph in November, Alex Salnikov, co-founder and chief product officer of NFT Rarible Marketplace, said that striving to become greener could be beneficial to the industry. “The extra pressure is good because the room accelerates the pursuit of energy efficiency with Proof of Stake blockchains,” said Salnikov.